October 29, 2019
Portugal's EDP said it plans to invest BRL2.5 billion ($626 million) in the state of São Paulo through 2023, including money for power distribution and solar energy projects.
The company will spend BRL1.5 billion on its power concession in São Paulo, which reaches 5 million customers in the regions of Alto Tietê, Vale do Paraíba and Litoral Norte. It will also spend BRL700 million through its subsidiary EDP Renováveis to build the 205 MW Pereira Barreto solar power project, which is scheduled to
Portuguese electric utility company plans to spend $625 mln on projects in the state of São Paulo through 2023